Siccar Point losses widen as key Cambo and Rosebank decisions await
Losses at Siccar Point Energy more than doubled in 2020 as the North Sea operator looks ahead to key decisions on its flagship Cambo field and the Equinor-operated Rosebank.
Rosebank
UK offshore market expecting rebound โover the next 24 monthsโ โ Westwood
The next 24 months will see a โreboundโ in work for the UK North Sea, according to Westwood Global, with a clutch of offshore projects for contractors to keep an eye on.
โSerious intentโ to get major west of Shetland oil projects to net zero โ Orion
West of Shetland operators are working with โserious intentโ to get huge new oil projects โto a net zero outcomeโ, according to the head of a major clean energy scheme on the islands.
West of Shetland oil and gas remains UKโs best bet for growth despite recent setbacks
The West of Shetland oil and gas (WoS) basin has long been held aloft as the UKโs last great hope for indigenous oil and gas production growth.
Suncor mulls sale of stakes in UK and Norwegian North Sea fields
Canadaโs Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter.
Wood wins ยฃ58million Mariner contract with Equinor, supporting 100 jobs
Wood has secured a $75million (ยฃ58.2m) contract with Equinor for its Mariner field, supporting around 100 jobs.
Major project delays are โfair warningโ to those seeking greater oil exposure for Shetland
Energy Voice recently reported on Shetland Islands Council's ambitions to retain more tax revenue from oil and gas operations around the isles in its self-determination bid. Jon Fitzpatrick, managing director of consultancy Gneiss Energy, gives his view.
UK to see worldโs second-highest deployment of FPSO vessels in next five years
The UK North Sea will see the world's second-highest deployment of FPSO vessels in the next five years, according to new analysis.
Equinor offloads Bressay field to EnQuest in ยฃ13million deal
Equinor is selling a 40% operated stake in the huge Bressay field east of Shetland to EnQuest in a deal worth ยฃ13m.
Shetland Energy Hub aims for hundreds of jobs and to make giant oilfields โnet zero by 2030โ
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030โ.
Resources at Totalโs major Glendronach discovery cut by 40% following appraisal
One of the largest offshore discoveries in UK waters of the last decade has had its recoverable resources cut by 40% following an appraisal well.
Equinorโs Rosebank to help bring North Sea spending to decade high โ Westwood
Projects from Equinor off the UK and Norway will help bring North Sea spending to its highest level in a decade, according to Westwood Global.
The other side of Lerwickโs story
Lerwick harbour continues to add to its reputation as a leading support hub for the oil and gas industry in northern waters through its contribution to the offshore sectorโs operations west of Shetland.
Siccar Point aims to keep options open with new gas line west of Shetland
The design for the Cambo field, west of Shetland, will take some of the sting out of a problem that has โheld backโ production from the area for decades, an oil company chief said.
Equinor looks to Rosebank and Bressay projects after Mariner
Equinor will look to develop its Rosebank and Bressay projects in the North Sea once production levels have been ramped up at the new Mariner field.
Equinor earnings drop, but a further ยฃ280m shaved off Sverdrup costs
Norwegian energy giant Equinor today reported a 16% drop in first-half adjusted earnings to ยฃ5.8 billion due to lower prices and the impact of planned shutdowns for maintenance work.
Mega-projects increasing UKโs โsignificanceโ for Equinor
Mega-projects in the North Sea are pushing the UK higher up Equinorโs list of priorities, according to bosses at the Norwegian energy giant.
Equinor pushes back Rosebank FID
Norwegian energy major Equinor has pushed back the sanction date for a major UK North Sea project.
Warwick Deep tested in West of Shetlands
Westwood Global Energy reports that at the end of April, three exploration wells were active, with two in the West of Shetlands and one in the Central North Sea.
Chevronโs earnings narrow despite asset sales
Chevronโs income narrowed in the first three months of the year despite selling a package of global oil and gas assets.
Siccar Point kicks off 2019 drilling campaign with Blackrock
Siccar Point Energy has kicked off its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect west of Shetland (WoS).
Equinor revising plans for Rosebank project
Equinor has confirmed it is revising plans to develop one of the largest untapped oil fields in the UK North Sea.
Equinor wraps up Rosebank acquisition
Norwegian energy giant Equinor said today that it had completed a deal to take control of one of the UK North Sea's largest remaining oilfields.
Lerwick: Port with proven track record
Lerwick Harbourโs strategic location has been the building block for its huge contribution to the development of east Shetland Basin oil fields over the past 50 years.
West of Shetland dream coming true for Siccar Point
Thereโs never been a more exciting time on the UK Atlantic Frontier.